BURCIN
Open bankruptcyFrom the official registers: KBO 26 annual accounts at the National Bank publications in the Belgian Official Gazette
Financials · financial year 2020, full format
2020 annual accounts filed 201 days after the deadline Filed on 17 February 2022, deadline 31 July 2021 (7 months after the close on 31 December 2020, Companies Code art. 3:10). Source: NBB, 2022-06000415.
Annual accounts 2020
- Financial year ended
- 31-12-2020
- Filed on
- 17-02-2022
- Format
- full format
- Reference
- 2022-06000415
2018 to 2020, 3 financial years 2018 to 2020, 3 financial years
The operating result for 2020 is over 4 times that of 2019 and the highest since 2018. It is the second rise in a row.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Land transport and transport via pipelines (NACE 49). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.06m | €0.06m | €0.1m | ▲ 73.4% |
| Gross operating margin9900 | €1.1m | €1.3m | €2.1m | ▲ 57.9% |
| Operating profit (loss)9901 | -€0.1m | €0.07m | €0.3m | ▲ 304% |
| Recurring financial income75 | €0.002m | €42 | €37 | ▼ 11.9% |
| Recurring financial charges65 | €0.007m | €0.008m | €0.007m | ▼ 15.2% |
| Profit (loss) for the period before taxes9903 | -€0.1m | €0.06m | €0.09m | ▲ 45.6% |
| Income taxes67/77 | €0.001m | €263 | €0.08m | ▲ 286× |
| Profit (loss) for the period9904 | -€0.1m | €0.06m | €0.01m | ▼ 80.8% |
| Profit (loss) for the period to be appropriated9905 | -€0.1m | €0.06m | €0.01m | ▼ 80.8% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €1.0m | €1.5m | €2.5m | ▲ 67.8% |
| Fixed assets21/28 | €0.4m | €0.3m | €0.3m | ▼ 21.6% |
| Tangible fixed assets22/27 | €0.2m | €0.1m | €0.2m | ▲ 84.0% |
| Financial fixed assets28 | €0.2m | €0.2m | €0.01m | ▼ 92.3% |
| Current assets29/58 | €0.7m | €1.2m | €2.2m | ▲ 93.0% |
| Amounts receivable within one year40/41 | €0.6m | €1.0m | €2.0m | ▲ 96.8% |
| Cash at bank and in hand54/58 | €0.06m | €0.1m | €0.05m | ▼ 54.8% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €1.0m | €1.5m | €2.5m | ▲ 67.8% |
| Equity10/15 | €0.1m | €0.2m | €0.2m | ▲ 5.9% |
| Contributions10/11 | €0.02m | €0.02m | - | - |
| Reserves13 | €0.002m | €0.002m | €0.002m | = |
| Profit (loss) carried forward14 | €0.1m | €0.2m | €0.2m | ▲ 6.6% |
| Amounts payable17/49 | €0.9m | €1.3m | €2.3m | ▲ 77.1% |
| Amounts payable after more than one year17 | €0.2m | €0.4m | €0.3m | ▼ 18.3% |
| Amounts payable within one year42/48 | €0.7m | €0.9m | €1.9m | ▲ 111% |
| Trade debts44 | €0.3m | €0.6m | €1.4m | ▲ 155% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€112,244 | €59,233 | €11,345 | ▼ 80.8% |
| + Depreciation and write-downs630 | €56,542 | €58,381 | €101,213 | ▲ 73.4% |
| Operating cash flow (approximation) | -€55,702 | €117,614 | €112,558 | ▼ 4.3% |
| Investment in fixed assets (approximation) | - | -€9,595 | -€30,889 | ▼ 222% |
| Change in cash | - | €56,932 | -€62,197 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 26 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2020 | full format | 17-02-2022 | 2022-06000415 | |
| 31-12-2019 | full format | 29-10-2020 | 2020-65400300 | |
| 31-12-2018 | full format | 30-08-2019 | 2019-63300402 | |
| 31-12-2017 | full format | 31-08-2018 | 2018-61000044 | |
| 31-12-2016 | full format | 16-08-2017 | 2017-43300556 | |
| 31-12-2015 | full format | 30-08-2016 | 2016-52500573 | |
| 31-12-2014 | full format | 31-08-2015 | 2015-53900574 | |
| 31-12-2013 | full format | 27-08-2014 | 2014-55400019 | |
| 31-12-2012 | full format | 31-08-2013 | 2013-56000091 | |
| 31-12-2011 | full format | 31-08-2012 | 2012-49900514 |
Comparable companies
These companies have the same main activity as BURCIN: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €2.3m and €3.2m, founded between 1987 and 1999.
| Company | Founded | Total assets | Equity | Gross margin | Turnover | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|---|
| BURCIN | 1994 | €2.5m | €0.2m | €2.1m | - | €0.01m | 33.8 | 2020 |
| SACOTTE LOGISTICS Eghezée | 1991 | €2.6m | €0.6m | €2.5m | - | €0.08m | 29.9 | 2025 |
| Tejo Geel | 1991 | €2.3m | €1.1m | €1.9m | €8.1m | -€0.006m | 28.9 | 2025 |
| de Vreese Trucking Ronse | 1993 | €2.3m | €0.8m | €2.8m | - | €0.08m | 34.6 | 2025 |
| Transport Dehertogh Bornem | 1987 | €2.3m | €1.1m | €2.0m | - | €0.008m | 30.4 | 2025 |
| TRAXLARS LOGISTICS Antwerpen | 1997 | €3.2m | -€0.1m | €2.4m | - | -€0.07m | 35.5 | 2025 |
| D.S. TRANSPORT Sint-Agatha-Berchem | 1999 | €3.0m | €1.1m | €2.7m | - | €0.3m | 33.2 | 2025 |
They were chosen from the 7,774 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.